.
MergerLinks Header Logo

New Deal


Announced

Prosus to acquire a 45.4% stake in Naspers for $44.9bn.

Financials

Edit Data
Transaction Value£32,700m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For45%
EV/Sales18x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Cross Border

Tender Offer

Minority

Public

Single Bidder

Friendly

Pending

Acquisition

digital communications

media

South Africa

Online and Social Platforms

Digital Services

classifieds marketplace

Synopsis

Edit

Prosus, a global consumer internet group, offered to acquire a 45.4% stake in Naspers, a South African multinational holding company headquartered in Cape Town, for $44.9bn. On completion, it is expected to more than double the Prosus free float’s effective economic interest in the group’s underlying assets, improving the stock’s liquidity, and place Prosus in the Top 20 of EURO STOXX 50 Index companies, improving its market index weightings.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US